updated 05:40 pm EDT, Wed March 28, 2007

Vertu Ferrari 1947 phone

Nokia luxury subsidiary Vertu is releasing a new Limited Edition phone, the Ascent Ferrari 1947. Marking the sports car company's 60th birthday, the phone is clad in the familiar red and black colors, with leather used on the rear and lacquer on the sides. Meanwhile, the bezel "nose" of the front bears the Ferrari horse, and the aluminum backplate is built to resemble a Ferrari brake pedal. A matching case is made of red and black leather. Though no pricing has been mentioned, only 1,947 copies of the phone will be sold; in light of other Vertu phones, the cost could easily approach or exceed $1,000. [viaNewlaunches]